单词 | lbo |
释义 | > as lemmasLBO LBO n. leveraged buyout, leverage buyout. Π 1978 Business Horizons June 76/1 The capital sources that regularly make LBO investments have become more readily identifiable and more segmented. 1990 B. Burrough & J. Helyar Barbarians at Gate Prol. 5 In an LBO, a small group of senior executives, usually working with a Wall Street partner, proposes to buy its company from public shareholders, using massive amounts of borrowed money. 2003 D. L. Scott Wall St. Words (ed. 3) 209 Because the group initiating the LBO must pay a premium for the stock over the market price, an LBO nearly always benefits the stockholders of the firm to be acquired. < as lemmas |
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